Tag: Money

The other day, a friend of mine was slightly amused after I bombarded him with reasons why he should always check management fees before selecting a Mutual Fund or (even better) an ETF. His words: “C’mon, what difference does a management fee…

Schwager takes aim at the most perniciously pervasive academic precepts, money management canards, market myths, and investor errors. Like so many ducks in a shooting gallery, Schwager picks them off, one at a time, revealing the truth about many of…

Two main subjects: Why markets for goods and services tend toward equilibrium, but financial markets do not. Why central banks are useful and what they should do (which they currently don’t). Breaking the 170 page book into nine chapters, Cooper…

Wall Street Analysts are bad at stock picking: Analysis of all sell and buy recommendations in 2003 showed that the portfolio with negatively viewed stocks gained 53.5% (over two years), more than 75 percentage points better than the market. Investing, contrary…

Happy Money – The Science of Smarter Spending by Elizabeth Dunn & Michael Norton If you think money can’t buy happiness, you’re not spending it right. Two rising stars in behavioral science explain how money can buy happiness, if you…

… is not really a secret at all. Nevertheless, still not enough of us are doing the obvious: Investing in an asset class that has the highest chance of beating the inflation rate. Inflation is the opposite of a gift that…

From the day you’re born until the day you die, money will always play a huge role in determining how good your quality of life was, is, or will be. That’s a pretty profound realisation, isn’t it? I’m not going…

I am a huge fan of the exponential function. It is simply magic. This ninth world wonder—as Albert Einstein (or some other clever person) called it—can make everyone a millionaire with merely saving 1$ a day. That’s a bold statement that…

Consider a scenario of two people: each 25 years old, David who makes $40,000 a year and Michael who makes $80,000 a year. Each year, they get a 2.5% raise and both work until they are 73 (yeah, this might be the regular…

The other day, an ex-colleague asked me to point him to some trading books that would teach him to get rich. I was cracking my head for some wisdom that could help him with in his journey as trader. After a while,…

What other readers liked

Copyright Andreas G. Schmidt (aka Andy) - Singapore
Disclaimer: I am not a qualified licensed investment advisor. I am a DIY-investor.
All information found here, including any ideas, opinions, predictions (especially those), commentaries, suggestions, or stock picks (if you can find any), expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice.
While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, or decisions made on the basis of any information found on this site, are committed at your own risk (like everything in your life).
Tacomob is my personal weblog. It reflects my own views, ideas and opinions.
No representations or warranties are made with respect to the accuracy or completeness of the content of this entire weblog, including any links to other sites. The links provided are maintained by their respective organizations and they are solely responsible for their content. All information presented here is provided ‘as is’, without warranty of any kind, expressed or implied.
Sounds fair enough? Then please subscribe to Tacomob (it’s free).